ACCOUNTING FOR RENTAL PROPERTIES
Better bookkeeping, built for real estate pros
It’s time to retire your spreadsheets. Track your cashflow, download one-click tax packets, and make tax season less stressful.
Rental Property Accounting Software for Landlords
Why TurboTenant accounting is preferred among landlords and investors
Real estate-specific reporting
Access dozens of downloadable reports made just for real estate pros and their tax preparers, including Schedule E’s and one-click tax packets.
At-a-glance property finances
Stay up to date on your operating cash flow with flexible portfolio, property, and unit-level reporting.
No need for manual entry
Automatically sync your TurboTenant rent payments, expenses, and bank account(s) for quick and accurate reporting.
P&L statements, one-click tax packets, balance sheets, cash flow — it’s all in your dashboard. Gain access to professional pre-built reports you (or your accountant) needs, whenever you need them.
We’ll even help you find the deductions you might have otherwise missed come tax season.
Take the tediousness out of organizing your property finances. Establish rules to automatically categorize transactions – like your insurance payments or your go-to maintenance provider.
The expenses and rent payments you log in TurboTenant effortlessly sync to our accounting tool and are automatically marked as revenue for each of your rentals.
No more “remembering to log that expense” when you get home.
PRICING
Better than spreadsheets.
Cheaper than Quickbooks.
Accounting is an add-on service for all TurboTenant users by a per unit basis.
Accounting is an add-on service for all TurboTenant users by a per unit basis. Now 50% off your first two months.
Rental Units
# of
Units
First 2 months
Price after 2 months
1
$7.50 / mo
$15 / mo
2
$10 / mo
$20 / mo
3
$12.50 / mo
$25 / mo
4
$15 / mo
$30 / mo
5
$17.50 / mo
$35 / mo
6
$20 / mo
$40 / mo
7
$22.50 / mo
$45 / mo
8
$25 / mo
$50 / mo
9
$27.50 / mo
$55 / mo
10
$30 / mo
$60 / mo
11
$32.50 / mo
$65 / mo
12
$35 / mo
$70 / mo
13
$37.50 / mo
$75 / mo
14
$40 / mo
$80 / mo
15 or more*
$42.50 / mo
$85 / mo
* Maximum is $85/mo. If you have more than 15 rental units, each additional unit is free.
Great software to use for an investment property. I tried a handful of other softwares and they didn’t meet what I needed. This was perfect. Easy to book entries and check a Balance Sheet, P&L, or Trial Balance.
– Austin, Investor
Frequently Asked Questions
What does TurboTenant Accounting do?
TurboTenant Accounting is our integrated accounting software designed for rental property owners and real estate investors. It simplifies investment property bookkeeping, making it easier, more efficient, and less stressful.
How does TurboTenant Accounting differ from other accounting software?
Most traditional accounting software is built to support a wide range of industries and customer types. This often results in cluttered software that is hard to navigate and not user friendly. While there may be plenty of options available, none of them are specifically built for rental property bookkeeping.
On the other hand, TurboTenant Accounting is exclusively focused on the unique needs of the investment property owner. This focus allows them to concentrate solely on providing the best and easiest-to-use accounting software for real estate investors and rental property owners.
Can TurboTenant Accounting handle accounting for short-term rentals?
Yes, TurboTenant Accounting can handle accounting for short-term rentals.
What does the TurboTenant Accounting integrate with?
TurboTenant Accounting is fully synced with your TurboTenant account.
Any rent payments you receive or expenses you track are automatically synced to your Accounting dashboard—no manual entry required. Your properties will also appear in TurboTenant Accounting as soon as you get started.
To securely connect your financial data, TurboTenant Accounting uses trusted providers, Plaid and Yodlee, to access a read-only feed of transactions from your checking, savings, and credit card accounts. TurboTenant never stores or has access to your login credentials.
More information about Plaid and Yodlee is available on their websites.
What reports are included?
Complete Financial Reporting
- Profit and Loss, Statement of Cash Flows and Balance Sheet – available for unit, property, or portfolio.
- Schedule E for each property, ready to go for you or your accountant at tax time.
Other Reports Include:
- Net Operating Income
- Net Income by Property
- Rent Roll
- Cash on Cash
- Cap Rate
- Operating Expense Ratio
- Tax Packet for you or your tax preparer (plus a Tax Review Service included to help you maximize deductions)
- Expenses by Vendor
- Security Deposits Held
- Trial Balance
Do I need TurboTenant Rent Payments to use Accounting?
No. You can use Accounting without using Rent Payments in TurboTenant. Your properties’ addresses and current leases will still be synced.
Is customer support available?
Yes,TurboTenant Accounting has a customer support team ready to answer any question that you may have. Email support is available at [email protected] and phone support is available during business hours (9 am – 5 pm EST) at 888-939-6865.
Any billing-related questions can be answered by our TurboTenant support team.
Join the 750,000+ independent landlords who rely on TurboTenant to create welcoming rental experiences.
No tricks or trials to worry about. So what’s the harm? Try it today!